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Re: [tlug] A Linux branded credit card
Shawn Brown writes:
> > There is a cool idea that came up about 30 years ago, which is the
> > a debit card that is linked to the VISA payments system.
>
> Wells Fargo offers one. It's a VISA debit card so I think it's not
> limited to Wells Fargo.
The point is that VISA == ++BankAmericard. I don't know if BofA still
owns the VISA payments system lock, stock, and barrel, but I bet they
get a big discount on transaction processing fees compared to
non-BofA-keiretsu institutions.
> > you're not protected by laws that limit your liability in the
> > case of a lost or stolen card.
>
> https://www.wellsfargo.com/checkcard/overview
>
> Enjoy zero liability for unauthorized transactions
What I was thinking of is that I bet you don't get your money back for
a while, though. With a credit card, you simply dispute the amount
and refuse to pay.
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